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Discuss the Importance of Feedback

question 31

Essay

Discuss the importance of feedback. Give examples of positive, corrective, and negative feedback.


Definitions:

Payback Method

An investment appraisal technique that calculates the amount of time required for an investment to generate cash flows sufficient to recover its initial cost.

Cash Inflows

Money or equivalent value received by a business, often from operations, investments, or financing activities.

Discounting

The process of determining the present value of a future amount of money or stream of income.

Payback Period

The length of time it takes to recover the cost of an investment.

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